A major €110 million (US$123 million) tool order for Singulus Technologies CIGS thin-film production equipment with China National Building Materials (CNBM), owner of module manufacturer AVANCIS, could finally proceed, as the equipment supplier expects an unspecified ‘pre-payment’ was due in the next few day(s).
Indian corporates are taking a significant share of the domestic solar PV market with Indian conglomerate Adani taking top spot in terms of capacity additions in the last year, according to consultancy firm Bridge to India.
‘Silicon Module Super League’ (SMSL) member Hanwha Q CELLS is planning to introduce its first ever monocrystalline modules, which will use its PERC (Passivated Emitter Rear Contact) cell technology. New and prototype products will be showcased at Solar Power International (SPI) in Las Vegas next week.
Third party financing could support more than half of India’s solar rooftop segment by 2022, but several policy initiatives must be introduced to make this model attractive to consumers, according to a report from advisory organisation the Climate Policy Initiative (CPI).
Leading global ‘Silicon Module Super League’ (SMSL) member JinkoSolar has officially announced that it is withdrawing from the EU minimum import price agreement, following a number of major China-based PV manufacturers and Taiwan-based producers.
A total of 12 projects have been awarded funding in Australia’s breakthrough utility-scale solar funding round, with AU$91 million set aside for 482MW of capacity.
Tamil Nadu Electricity Regulatory Commission (TNERC) has approved plans for the state utility to procure another 500MW of solar power to make up for a projected shortfall in reaching its solar Renewable Purchase Obligations (RPO).
According to Deutsche Bank’s US market analyst Vishal Shah, strong PV manufacturing capacity expansion growth in the second half of 2016 and 2017 is expected to lead to a global 16% solar module oversupply through the period.
India-based PV module manufacturer Vikram Solar has revealed plans to expand capacity to 2GW by 2019, up from recently completed expansions that have taken nameplate module capacity to 500MW.
